Legal Debt & Credit Team of the Quarter
October 2008, Financial News

White & Case was named "Legal Debt & Credit Team of the Quarter" by Financial News for advising on five deals with a combined value of more than $27 billion.  The transactions included:

• debt financing for Dow Chemical’s $18.8 billion acquisition of Rohm & Haas;
• advising Deutsche Bank, Credit Suisse and JPMorgan on the provision of debt facilities to Germany-based healthcare group Fresenius for the acquisition of APP Pharmaceuticals;
• Acting for Bank Austria, Goldman Sachs, ING London and Raiffeisen as Mandated Lead Arrangers in connection with the US$315 million senior leveraged financing for Lion Capital as sponsor. The target was Russian Alcohol Group, a producer and distributor of mid-market and sub-premium spirits and long drinks, notably Green Mark Vodka. This was the second-ever foreign sponsor-driven LBO in Russia. White & Case acted on the first, Nidan Soki, in 2007;
• advising the mandated lead arrangers on the debt financing provided to GS Capital Partners and PAI Partners for their $2.7 billion acquisition of buildings materials group Xella International; and
• advising Deutsche Bank, GE Commercial Finance, ING Bank, Morgan Stanley and DBS on debt financing provided to Kohlberg Kravis Roberts & Co. for the acquisition of Unisteel Technology, a Singapore-listed maker of disk-drive components, for approximately $578 million.

Partners Eric Berg, David Koschik, Jonathan Bloom, Christopher Kandel, Brian Conway, Annica Lindegren and John Hartley led the teams advising on the deals and are mentioned in the Financial News article announcing the award.

Complete listing of White & Case's Awards, Rankings and League Tables